Interest rates on home loan (%)

Loan Amounts (Rs.)

Upto 30 lakh

30 lakh to 75 lakh

Over 75 lakh

Banks

Floating Rates

Allahabad Bank

8.3

8.3

8.30-8.80

Andhra Bank

8.45-8.50

8.45-8.50

8.45-8.60

Axis Bank

8.35-8.40

8.35-8.70

8.65-8.75

Bank of Baroda***

8.30-9.30

8.30-9.30

8.30-9.30

Bank of India

8.3

8.3

8.3

Bank of Mah.

8.65

8.65

8.65-8.75

Canara Bank

8.35-8.40

8.35-8.50

8.45-8.55

Central Bank

8.3

8.3

8.30

Corp. Bank

8.65

8.65

8.65-9.00

Dena Bank

8.30-8.35

8.30-8.35

8.30-8.45

Federal Bank

8.95-9.20

8.95-9.20

8.95-9.20

HDFC Bank

8.35-8.50

8.35-8.50

8.35-8.60

ICICI Bank

8.35-8.55

8.35-8.85

8.65-8.85

Indian Bank

8.25

8.25

8.25

IOB

8.4

8.40-8.50

8.50-8.65

IDBI Bank^^

8.35-8.40

8.35-8.55

8.50-8.65

J&K Bank

8.4

8.40-8.55

8.55-9.00

Karnataka Bank^^

8.5

8.5

8.9

KVB

8.65-9.00

8.65-9.00

8.65-9.00

PNB

8.35-8.40

8.35-8.40

8.35-8.45

Punjab&Sind Bank

8.4

8.4

8.40-8.65

SBI

8.30-8.50

8.30-8.65

8.30-8.70

Syndicate Bank

8.55

8.55

8.55

TMB

8.95

8.95

8.95

UCO Bank

8.45

8.45-8.55

8.55-8.70

Union Bank

8.30

8.30

8.30-8.35

United Bank

8.45

8.45

8.45

Vijaya Bank

8.5

8.5

8.5

Fixed Rates

Corp. Bank

11.75-12.25

12.25

12.25

Dena Bank

11.25

11.75

11.75

HDFC Bank

8.35-8.50

8.35-8.50

8.35-8.60

ICICI Bank

8.35-9.75

8.35-10.10

8.70-10.10

Indian Bank

9.25

9.25

9.25

IDBI Bank

10.10-10.35

10.10-10.35

10.10-10.35

PNB

8.85-8.90

8.85-8.90

8.85-8.95

Union Bank

11.40

12.40-12.65

12.65

Housing finance companies

Floating Rates

Dewan HF**

8.35

8.35

8.35

Tata Capital*

8.75-8.90

8.75-8.90

8.75-9.05

PNB Housing

8.60-11.00

8.60-11.00

8.60-11.00

Central Bank HF

9.80-9.95

9.90-9.95

9.90-9.95

HDFC

8.35-8.90

8.35-9.00

8.35-8.95

Indiabulls HF

8.35-9.75

8.35-9.75

8.35-11.25

Fixed Rates

PNB Housing

8.35-10.75

8.35-10.75

8.35-10.75

HDFC

8.35-9.00

8.35-9.00

8.40-9.10

Indiabulls HF

8.95-10.00

8.95-10.00

8.95-11.50

Note: Rates that vary with tenures within the specified loan amounts are indicated as a range. Fixed interest rates may be subject to a revision after a specified tenure. Rates may also apply only for a definite period and change to floating thereafter. *Rates for varaible/semi-fixed for two to three years. ** 8.35 per cent onwards.***Additional charges as per risk rating.^^For plain home loans with MCLR reset frequency of six months. Contributed by BankBazaar.com, an online marketplace for comparing loans and insurance products.

Published on February 23, 2018
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